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- Do I need to submit a tax return?
- Salaried tax payers
- Provisional tax
- Independent contractors
- Small business (sole proprietors)
- Companies
In a general sense income is the earning or receiving of money or a similar benefit during the tax year.
For tax purposes income means the amount remaining of the gross income for the tax year after you have deducted any amount exempt from normal tax under Part I of Chapter II in the Income Tax Act.
Please also refer to the following definitions: Gross Income and Taxable Income.
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